Shell, CNPC Amend Pact To Increase Output Of Tight Gas

Law360, New York (July 25, 2012, 8:02 PM EDT) -- Royal Dutch Shell PLC on Wednesday amended a contract with China National Petroleum Corp. to allow further development of tight gas at its Changbei gas field, the same day it signed two offshore oil and gas production sharing contracts with China National Offshore Oil Co. Ltd.

The new phase of tight gas development will occur in the Changbei block with 1,692.5 square kilometers in the Ordos Basin and could potentially up its production to 320 million cubic square feet per day, Shell said. Tight gas is...
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